This is an extraordinary opportunity to purchase a group of three fully operational cannabis dispensaries, each located in different counties in the heart of South Central Colorado, a region boasting a population of over 30,000 residents. The business, which has been thriving for 14 years, includes three cannabis storefronts spread across the Valley, each with its unique market and customer base. In the previous year, 2022, the combined gross income from these shops was approximately $1.8 million, showcasing the potential profitability and growth of this investment. This transaction is not only about the dispensaries but also includes the real estate for all three locations, adding substantial value to the deal. The brand, the inventory, and an extensive book of business are also part of this package, allowing the new owner to hit the ground running, leveraging the established reputation and customer loyalty. Moreover, each location is complemented by a CBD storefront, diversifying the product offering and potentially increasing revenue streams. Additionally, every site includes a Garden supply and an ATM business, further enhancing the potential for income and growth. With no outstanding liabilities or encumbrances, this opportunity represents a seamless, ‘plug-and-play’ transition for the new owner. This comprehensive package stands as a fantastic addition to an existing cannabis portfolio, or an ideal entry point for a new investor seeking a foothold in the lucrative and growing cannabis industry.

Details: 

Licenses: Cannabis Dispensaries: (2) Recreational (1) Medicinal
Real Estate Is Included In The Sale
Total Employees: 10
Total 2022 Net: ~$500k
Inventory: ~$500k

Dispensary #1 (Conejos County, CO)

License: Recreational Cannabis Dispensary License
RE Value: $308k
Space: 2,000 Sq. Ft.
2022 Gross: ~$1M

Dispensary #2 (Saguache County, CO)

License: Recreational Cannabis Dispensary License
RE Value: $170k
Space:1,040Sq Ft
2022 Gross: ~$500k

Dispensary #3 (Alamosa County, CO)

License: Medicinal Cannabis Dispensary License
RE Value: $978k
Space:6,000 Sq Ft
2022 Gross: ~$300k 

Licenses:

Retail Marijuana Store License allows the holder to operate a business that sells Retail Marijuana to an individual twenty-one years of age or older
Medical Marijuana Store License allows the holder to operate a business that sells Medical Marijuana to Colorado Medical Marijuana Registry Patients and Transporting Caregivers
 

Asking Price: $2,450,000.00 (Seller Open to Offers) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Ed Sadler, CO License #FA 100094411

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia at (858) 633-3013

Or Email : asm@glbgroupinc.com

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.